13407
Upvotes & counting...

Approved Support Records

Name Category City Message Date
Venkatesh Karanam Student Anantapur CMA are equally equipped with Income Tax matters in curriculum and practical knowledge 20 Feb 2025, 10:17 AM
nidhi tiwari Student Maharashtra 20 Feb 2025, 10:16 AM
Avinash Kumar Member New Delhi Cost Accountants are competent enough to play this role of Tax Auditor and will add new positve dimensions to the performance of Tax Audit. 20 Feb 2025, 10:16 AM
Chiranjibi Sahoo Member Cuttack, Odisha CMA should be add as accountant in income tax act 20 Feb 2025, 10:16 AM
Ramakrishna Member Andhra Pradesh 20 Feb 2025, 10:15 AM
CMA Amit Bhise Member Pune Fully support to file petition 20 Feb 2025, 10:15 AM
Ashok Meruva Member Bangalore CMA are well capable to handle direct taxation 20 Feb 2025, 10:14 AM
Suraj kumar sahoo Member Bhubaneswar / Odisha 20 Feb 2025, 10:14 AM
Dinabandhu Sahoo Member Pune I support CMA should include in Accountant defination under IT act 20 Feb 2025, 10:14 AM
Laxmipriya jena Member Odisha 20 Feb 2025, 10:13 AM
Puja jain Student Kolkata Kindly do the needful. 20 Feb 2025, 10:13 AM
DIPAK KR. GUPTA Student RANIGANJ I support to inclusion of CMAs in the definition on Accountant in New Income Tax Bill 20 Feb 2025, 10:12 AM
Sunaina Khemka Student Jharkhand Kindly do the needful urgently. 20 Feb 2025, 10:12 AM
Sankar Sengupta Member West Bengal It is unfortunate to have favored Chartered Accountants for the last 40 years, inspire of they failed to demonstrate their competency in numerous cases and have not effectively protected the national interest by addressing significant revenue leakages. The situation arises from a lack of competition and also due allow only Chartered Accountants for conducting Statutory Audit and Tax Audit. To rectify this issue it is essential to include Caost Accountants in the definition of Accountant under the New Income Tax Act 2025.This changes would help to address existing discrepancies in the law and recognize other professional Institute, ICMAI, which are equally qualified to conduct tax audit. 20 Feb 2025, 10:12 AM
Gopal Maheshwari Student Kolkata Please include Cost Accountant in the definition of Accountant in Income tax Act. 20 Feb 2025, 10:12 AM
MD MINHAJ RASHID Student Kolkata I strongly believe in equal opportunities for everyone. If the syllabus is uniform, then fairness demands that all individuals have the same chances. Moreover, if experts from fields like GST and Cost Audit can step into our domain, there is no justification for limiting others. 20 Feb 2025, 10:11 AM
Anantharaman Balakrishnan Member Cochin CMA must also be brought under the definition of Accountant. 20 Feb 2025, 10:11 AM
Sankar Sengupta Member West Bengal It is unfortunate to have favored Chartered Accountants for the last 40 years, inspire of they failed to demonstrate their competency in numerous cases and have not effectively protected the national interest by addressing significant revenue leakages. The situation arises from a lack of competition and also due allow only Chartered Accountants for conducting Statutory Audit and Tax Audit. To rectify this issue it is essential to include Caost Accountants in the definition of Accountant under the New Income Tax Act 2025.This changes would help to address existing discrepancies in the law and recognize other professional Institute, ICMAI, which are equally qualified to conduct tax audit. 20 Feb 2025, 10:11 AM
Govardhan Student Siddapur Cost accountants are well competent to be accountant under Indian Income Tax Act. 20 Feb 2025, 10:11 AM
Bhavesh Lochawala Others Surat 20 Feb 2025, 10:10 AM
Suby Remadevi Member Mumbai We should be included in Accountant definition 20 Feb 2025, 10:10 AM
Arijit Mahata Student Asansol CMAs Have All The Necessary Knowledge and Expertise to Conduct Direct Tax Audit...They Should Be Allowed to Do Tax Audit 20 Feb 2025, 10:09 AM
Ajaya Kumar Sahoo Cuttack CMA AJAYA KUMAR SAHOO 20 Feb 2025, 10:08 AM
Abhishek Kumar Student Delhi 20 Feb 2025, 10:08 AM
Shravan Kondekar Student Maharashtra Inclusion of CMA in New Income Tax Act-2025 20 Feb 2025, 10:07 AM
Rinky Jalui Student Kalyan Yes, I support the cause.
CMA should be included in the definition of "accountant ".It will provide equal playflied and opportunities to other profession.It will end the monopoly of CA institute.
20 Feb 2025, 10:06 AM
CMA Durai Murugan C Member Chennai CMA professionals are competent, potential, efficiency and capability. 20 Feb 2025, 10:06 AM
Gyanaranjan Biswal Student Odisha I support 20 Feb 2025, 10:05 AM
Sahil mehra Student Chandigarh We must have a power of tax audit under Direct tax code 20 Feb 2025, 10:05 AM
Amit Kumar Member Dehradun CMA should be included in the definition of Accountants. 20 Feb 2025, 10:04 AM
Anchal Kamlesh Bhatia Student Nasik/maharashtra It should be included 20 Feb 2025, 10:04 AM
CMA NUHMAN CP Member MALAPPURAM CMA professionals should assert their rights based on our qualifications, potential, efficiency, and capabilities. I respectfully urge you to incorporate "COST ACCOUNTANTS" into the definition of "ACCOUNTANT." 20 Feb 2025, 10:04 AM
BISWANATH PANDIT Student Kolkata 20 Feb 2025, 10:04 AM
Personal Sarada Bhushan Mohanty Member Odisha CMA professionals should be taken a leading role considering the growth of our economy and the requirement of professionals, which is enacted by the act of parliament. 20 Feb 2025, 10:03 AM
CMA Botu Prasanta Subudhi Member Maharashtra Yes I support the cause 20 Feb 2025, 10:03 AM
Dr Hons CA CMA Maheswaran Shnmugasundaram Others Chennai 20 Feb 2025, 10:03 AM
Amol Member Gurugram Hhh 20 Feb 2025, 10:02 AM
CMA BISWANATH DAS Member KOLKATA Discrimination of CMA & CA is not at all advisable for the elected Govt in the competitive scenario, it helps/ support corruption and inefficiencies.

20 Feb 2025, 10:02 AM
SALMAN PATHAN Member Aurangabad To include Cost Accountant in the definition of accountant is long awaited deman from CMA faternity.There should equal opportunity to CMA CA And CS.Kindly Include CMA in the definition of Accountants in upcoming It act 2025.(Finance Act) 20 Feb 2025, 10:02 AM
Shailesh Kumar Patel Member Lucknow 20 Feb 2025, 10:02 AM
Heena Student Ulhasnagar 20 Feb 2025, 10:02 AM
Deepak Kumar Batra Member New Delhi I support to add cost accountants under the definition of accountant 20 Feb 2025, 10:02 AM
Kushmeet kaur Student Jabalpur Cost Accountants play a crucial role in the financial management and strategic decision-making processes of businesses. Their expertise in cost control, pricing, budgeting, and financial analysis significantly contributes to the overall economic efficiency and growth of industries. Recognizing Cost Accountants within the definition of "Accountants" would not only acknowledge their pivotal role but also streamline the implementation of accounting practices across various sectors 20 Feb 2025, 10:01 AM
Biswajit Sahoo Student Bhubaneswar We want our identiy 20 Feb 2025, 10:01 AM
Prakash Mishra Ghaziabad 20 Feb 2025, 10:00 AM
Arun Koli Member Solapur I support to this couse 20 Feb 2025, 10:00 AM
Nirakar panigrahi Student Bhubaneswar Yes we have all the right for inclusion in New Income Tax Act-2025 20 Feb 2025, 09:58 AM
Bishnuprasad Satapathy Member odisha CMAs are competent and Capable so opportunity Need to be given 20 Feb 2025, 09:58 AM
Chidambar. V Bangalore Yes. Please include CMA in the definition of accountant 20 Feb 2025, 09:57 AM
Subba Reddy Madathala Member Hyderabad 20 Feb 2025, 09:57 AM
Yashika Somani Student KOLKATA I support the petition. 20 Feb 2025, 09:57 AM
Tisha jain Student Dehradun Uttarakhand I am a cma studentt 20 Feb 2025, 09:56 AM
Simran Somani Others KOLKATA I am Going to be a member of this institute and I fully in my consciousness support the petition. 20 Feb 2025, 09:56 AM
Deepak Kumar Burma Member Sambalpur CMA should be included in the definition of Accountant in the new income tax act 2025 20 Feb 2025, 09:54 AM
Akanksha Tamrakar Others Sambalpur CMA should also be included in the definition of Accountant in the new income tax act 2025 20 Feb 2025, 09:53 AM
MANEESHAW J Student Tamilnadu 20 Feb 2025, 09:53 AM
MRUTYUNJAYA KHETI Student Sonepur 20 Feb 2025, 09:53 AM
Ashok Sah Student Kolkata I have also knowledge of tax equal to CA,OUR SYLLABUS IS SAME AS CA 20 Feb 2025, 09:53 AM
Sanjeev Kumar Singh Member Ghaziabad We, the undersigned, urge the Parliament of India to review the upcoming Income Tax Act of 2025 with a specific request: the inclusion of "Cost Accountants" (CMA) in the definition of "Accountant." This will enable Cost Accountants to gain recognition and be legally authorized to perform tasks traditionally performed by accountants, including tax audits, in line with their educational qualifications and professional expertise.
The profession of Cost and Management Accountancy is integral to the business world. As experts in cost management, financial reporting, and strategic decision-making, CMAs are highly qualified to contribute to the effective implementation of the Income Tax Act. It is imperative that the profession of CMA receives the recognition it deserves under the new framework, ensuring that CMAs can play an active and recognized role in the country’s taxation system.

Arguments Supporting the Inclusion of CMAs:

Equal Training and Education: CMAs undergo rigorous education and training, which includes comprehensive coverage of taxation, accounting, and auditing topics. Their curriculum is comparable to that of Chartered Accountants, making them equally capable of handling taxation and accounting duties.

Increased Access and Inclusivity: Including CMAs in the Income Tax Act will expand the pool of qualified professionals who can conduct tax audits and other related services. This will lead to greater accessibility, reduced workload on Chartered Accountants, and more efficient implementation of the tax law.

Broader Expertise in Costing and Management: CMAs possess specialized knowledge in cost accounting, which is integral to the financial health of businesses. Their expertise in cost management, financial planning, and strategic decision-making gives them a unique perspective when analyzing financial statements, thus enhancing the quality of tax audits and filings.

Global Practices and Recognition: Across the globe, the role of Cost Accountants is recognized and valued in accounting and tax-related activities. For instance, many countries include Cost Accountants in the legal definition of an "Accountant" under their respective tax laws, acknowledging their ability to perform tasks traditionally reserved for accountants. India should align with these international practices to ensure that the profession is in line with global standards.
Addressing the Skill Gap: Including CMAs in the definition of "Accountant" will help address the growing demand for qualified tax professionals in India. With India’s rapidly expanding economy, businesses require highly skilled professionals to navigate the complex taxation system. By including CMAs, the government can meet this demand and ensure that businesses receive high-quality service.

Promoting Professional Equality: The exclusion of CMAs from the definition of "Accountant" creates an artificial distinction between two professions that are equally capable in terms of training and qualifications. Including CMAs in the Income Tax Act would promote professional equality and ensure that all accounting professionals are treated fairly, regardless of their specific designation.


20 Feb 2025, 09:53 AM
B Bhupal Reddy Student Andhra Pradesh include in Accountants Defination in Income Tax act 2025 20 Feb 2025, 09:52 AM
Ajit Sahoo Chennai 20 Feb 2025, 09:52 AM
Sudhir Misra Member Mumbai 20 Feb 2025, 09:52 AM
Abhishek Sharma Student New delhi CMA name should be added in fhey defination of accountant 20 Feb 2025, 09:51 AM
Binaf Bagwan Student Osmanabad, Maharashtra I request to the house of parliament to include cost accountant in the defination Accountant in the new income tax bill 2025 20 Feb 2025, 09:50 AM
Sai Bhargav .P Student Vijayawada 20 Feb 2025, 09:50 AM
ANKIT KUMAR GUPTA Student Kharagpur /west bengal CMA ARE WELL VERSED WITH PROFESSIONAL KNOWLEDGE PLEASE CONSIDER THEM AS WELL IN THE DEFINITION OF COST ACCOUNTANTS 20 Feb 2025, 09:50 AM
Cma Rahul k dawkhar Member Ale Please include CMA in accountant defination under new direct tax code 2025 20 Feb 2025, 09:48 AM
Lavanya Besetty Member Bangalore Please include CMA in new income tax act 2025 20 Feb 2025, 09:48 AM
D Sarkhel Durg 20 Feb 2025, 09:48 AM
NAVIN ASHOK KANAKI Student pune It is proposed that the definition of "accountant" in the new Income Tax Bill be expanded to include professionals who hold the designation of a Cost And Management Accountant (CMA), in addition to Chartered Accountants (CAs). This recognition is important due to the growing role of CMAs in financial management, accounting, taxation, and corporate governance. 20 Feb 2025, 09:47 AM
Manishkumar Mali Student Ahmedabad CMA's are competent to do Tax Audit. It's humble request to the government bodies to include CMA's in the Accountant definition. 20 Feb 2025, 09:47 AM
NAVEEN KUMAR Member Giridih 20 Feb 2025, 09:46 AM
Jiten Thapa Member bahadurgarh 20 Feb 2025, 09:46 AM
Purna chandra jens Member Bangalore Cost accountants are well competent to be accountant under Indian Income Tax Act. 20 Feb 2025, 09:45 AM
Pratikshya Sahoo Student Bhubaneswar, Odisha I want that all powers of CA should be given equally to CMA and CS 20 Feb 2025, 09:44 AM
Sridhar Student Chennai Good 20 Feb 2025, 09:44 AM
Bishnu Prasad Mohapatra Member KHORDHA CMA professionals must get their rights by virtue of our qualification as well as our potential, efficiency and capability. 20 Feb 2025, 09:44 AM
JOHN BAIDYA Others Kolkata 20 Feb 2025, 09:43 AM
SATYABAN SAHOO Member Bhubaneswar 20 Feb 2025, 09:43 AM
Ravi kumar Hyderabad 20 Feb 2025, 09:43 AM
BHUPESH RAJENDRA KULKARNI Others Jalna inclusion of *Cost Accountants* in the Definition of " *Accountants 20 Feb 2025, 09:42 AM
Priyadharshini M Student Chennai Respected Sir/Mam,
We the Cost Accountants of India need the recognition for our qualification which we gained from our willingness to study and became a professional accountant who needs to be recognised for our professional qualification as CMA. Kindly recognise oru qualification and course. Thank you!
20 Feb 2025, 09:42 AM
BHOKARE DNYANESHWAR DIGAMBAR Student Pune Please Include CMA in definition of "Accountant" 20 Feb 2025, 09:42 AM
Shahnavaz Member Ahmedabad Yes, CMA is also include 20 Feb 2025, 09:42 AM
Jayamala sarangi Student Bhubaneswar,odisha Must be included 20 Feb 2025, 09:42 AM
Liza Samal Cuttack 20 Feb 2025, 09:42 AM
Sambit Padhan Student Bargarh 20 Feb 2025, 09:41 AM
Nidadavolu sanjay Student Hyderabad Income tax is a very crucial subject in our curriculum and CMA'S are qualified professionals with enough expertise in doing the tax audit 20 Feb 2025, 09:41 AM
Harsh kumar Student Delhi I strongly support the petition for the inclusion of CMA in the New Income Tax Act 2025. Recognizing CMAs will enhance financial governance, tax compliance, and economic efficiency. This inclusion is crucial for a more robust and transparent tax system."
20 Feb 2025, 09:40 AM
Navnath Pandhari hulge Member AMBAJOGAI 20 Feb 2025, 09:40 AM
Deepak Kumar Sahoo Student Bhubaneswar CMA and CS should be included in the defination of accountant while doing tax audit. 20 Feb 2025, 09:39 AM
RAJENDRA SONU THAKUR Member Navi Mumbai, Maharashtra I am strongly in favour of adding Cost Accountant in the definition of Accountant in New Income Tax Act-2025. We are expert in Income Tax Law and we are also an accountant. Hence CMA should be at par with CA in Income Tax Act -2025 also. 20 Feb 2025, 09:38 AM
Venkanna Pulugujju Member Hyderabad I request the house of parliament to include cost accountant in the defination of Accountant in the new income tax bill 2025 20 Feb 2025, 09:38 AM
Aabid Ali Member Roorkee 20 Feb 2025, 09:38 AM
Ankita Student Patna Definition of accountant must includes cma as well 20 Feb 2025, 09:37 AM
Deepika Rateria Member Siliguri I support this cause 20 Feb 2025, 09:37 AM
CMA Atul Saswade Member Pune 20 Feb 2025, 09:37 AM
Bala Krishnan Member Coimbatore We are competent.. Include us in the definition of Accountant.. 20 Feb 2025, 09:36 AM
Gopal Bansod Member Nashik It's very much disappointed for CMAs 20 Feb 2025, 09:36 AM
Karan Shinde Student Mumbai Yes, I support the cause 20 Feb 2025, 09:35 AM